Market Insight

Update on the South Florida / Fort Lauderdale real estate market.

Cooling process

A cooling process is underway in the South Florida residential real estate market.  Prices are stretched and buyers are finally taking notice.  It has been ten years since the housing bust and some of the same behavior is present in the market today.  Let’s look at a few charts. Condos cooling off? During the month […]

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Watching the charts

We are watching closely as the charts of South Florida real estate may be changing.  Today we will look at the sale prices, transaction volume and foreclosure activity in Miami-Dade, Broward and Palm Beach County Florida.  Just as the speculators are getting excited (again), they may be the bag holders for the second time in […]

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Rolling over

Rolling over is the topic today, as it appears the South Florida housing market may finally be cooling off.  During the month of July we saw prices of houses and condos in the Miami, Fort Lauderdale and Palm beach markets decline.  Our first chart today shows the residential transaction volume across the tri-county area.  The […]

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Leading indicators

Leading indicators show that the housing market may finally be slowing.  It started in California, which usually leads the remainder of the country when it comes to real estate.  As for the latest South Florida numbers, there were some noticeable gains in single-family home prices, and a slight decline in condo prices.   The average sale price […]

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Going vertical

The chart of foreclosure filings in Miami is going vertical.  For the past several years we have seen condo towers going vertical across the city skyline without any concern for poor fundamentals in the residential real estate market.  Ten years after the last housing crash and South Florida appears to have some  issues piling-up once […]

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Late cycle behavior

Late cycle behavior is back in the South Florida residential market.  For the last decade it appeared as if this slow grind higher in prices would not abate.  There is evidence of peaking residential prices in the South Florida market and a reversale might be right around the corner.  today we will highlight some of […]

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Lofty numbers all around

Real estate prices remain lofty in South Florida as we move into the summer months.  The spring is usually an active season for transactions and prices are still holding up for now.  The average sale price of a single-family home in South Florida was down slightly to $521,886 and the average sale price of a […]

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Palm Beach market update

Today we will take a look at the Palm beach, Florida residential market with charts of average sale prices, transaction volume, inventory and distressed properties.  Our first chart shows the average sale prices of houses in South Florida and you will see that Palm Beach led the pack in April with an average selling price […]

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Pump it up

Pump it up!  Memorial Day weekend is here and it’s time to kick back, relax and look at a few charts of the South Florida residential real estate market. Today we will look at the average sale prices, transaction volume, mortgage rates and foreclosure filings. Pump up the prices The April existing home sales data […]

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Real estate speculation is a risky business

Real estate speculation is a a risky business.  Markets lose liquidity very quickly once rates increase and transaction volume starts to decline.  Ignoring some of these warnings will prove costly for some in this cycle, just like it did in the last one.  Take a look at this chart of transaction volume and you will […]

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    2550 North Federal Highway
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